Ackman promises death blow for Herbalife

Jul. 21, 2014
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FILE - This Feb. 6, 2012, file photo, shows William Ackman, of Pershing Square Capital Management, in Toronto. On Tuesday, March 11, 2014, Ackman held a public event to detail his firm's claims of how Herbalife is operating as a pyramid scheme in China, violating laws there. On Wednesday, Herbalife Ltd. said that it is facing an inquiry from the Federal Trade Commission. (AP Photo/The Canadian Press, Pawel Dwulit, File) ORG XMIT: NY131 / Pawel Dwulit AP

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